This topic contains a solution. Click here to go to the answer
« previous next »
Pages: 1 2 All   Go Down

Author Question: Georgia agrees to lend money to Matt at a special interest rate of 8.5% per year, on the condition ... (Read 2616 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Feb 26, 2020
Georgia agrees to lend money to Matt at a special interest rate of 8.5% per year, on the condition that he borrow enough that he would pay her $601 in interest over a 8 month period. What was the minimum amount Matt could borrow?
◦ $10,517.50
◦ $9427.45
◦ $12,121.01
◦ $10,605.88
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by elizabeth18 on Feb 26, 2020

pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


Chris Zuniga

  • Newbie
  • *
  • Posts: 3
Reply #2 on: Dec 6, 2020
Thank You


badatmath01

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Apr 10, 2021
Thank you


Brooke Mckenney

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Apr 11, 2021
Thank you!!


Meghan Mcneil

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Apr 13, 2021
Thank you


avavav

  • Newbie
  • *
  • Posts: 1
Reply #6 on: May 10, 2021
thank you!


Nicole McNeill

  • Newbie
  • *
  • Posts: 1
Reply #7 on: Aug 24, 2021
Thank you!


Maya Stephenson

  • Newbie
  • *
  • Posts: 1
Reply #8 on: Feb 1, 2022
thank you


Nyjah Yates

  • Newbie
  • *
  • Posts: 1
Reply #9 on: May 5, 2022
Thank you!


Baby Iso

  • Newbie
  • *
  • Posts: 1
Reply #10 on: Nov 2, 2023
Thank You


Pages: 1 2 All   Go Up
« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
How to evaluate angles using sine, special triangles, the unit circle (Part 1) How to evaluate angles using sine, special triangles, the unit circle (Part 1)
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library